The Sterling (GBP) the Bank of England kept the interest rates at 0.5% and the QE unchanged allowing Cable to rally in sympathy with the Euro. November Industrial Production up 0.4% vs. 0.5%. Overall the GBP/USD traded with a low of 1.5716 and a high of 1.5887 before closing the day at 1.5825 in the New York session. Looking ahead, December PPI forecast at 0.4% vs. 0.3%.
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